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Suppose a corporation issued a 30-year annual, 8 percent bond, 10 years ago. The bond is currently selling for 95 percent of its face value,
Suppose a corporation issued a 30-year annual, 8 percent bond, 10 years ago. The bond is currently selling for 95 percent of its face value, or $950. What is the corporations cost of debt? Multiple Choice 8.01% 8.12% 8.42% 8.53% 8.63%
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Handbook Of Digital Media And Communication
Authors: Leah Lievrouw ,Brian Loader
1st Edition
036761233X, 978-0367612337
